UK officially deregulates long-haul fares

The UK Civil Aviation Authority, in a move that likely will have more of a symbolic effect than a practical one, yesterday announced it will stop regulating long-haul fares after 30 years "because of greater competition in the airline market."
CAA said that in recent years it has focused on "a very small subset of fares on a shrinking number of mainly long-haul routes...paid by what the CAA perceived to be 'captive' passengers," such as those working for a small business or traveling due to ...